Child Disability Benefit

About Canada’s Child Disability Benefit (CDB)

Raising a child isn’t a cheap endeavour for anyone, but families who are raising children with physical or mental impairments often incur even more costs. In an effort to help these families, the CRA has provided income benefits to qualifying individuals in an attempt to help alleviate some of the financial stress that comes with…

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Registered Education Savings Plan (RESP) Canada | Everything you need to know

In recent years, I’ve been getting a lot of questions about the Registered Education Savings Plan which is more commonly known as RESP. I suppose I shouldn’t be that surprised that many of my peers are interested in the RESP rules since they’ve just had children. Heck, one of the first things I did when…

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Add RESP payments to the cost of raising a child in Canada

The Cost of Raising a Child in Canada

When my daughter was born, I knew the costs would add up quickly. Heck, even before she was born, I spent a fair amount to get things ready. It should be no surprise that the cost of raising a child in Canada is expensive! It’s generally estimated that raising a child will cost you $10,000…

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What Happens to Unused RESP?

Have you ever wanted to know what happens to unused RESP? The Registered Education Savings Plan (RESP) is one of the best things the government of Canada has ever introduced since you can get a yearly match up to $500 thanks to the Canadian Education Savings Grant (CESG). But you already knew that. What you’re…

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how much does ivf cost ultrasound

How Much Does IVF Cost in Canada?

So I’ve got an announcement, my wife and I are expecting! Our due date is early July so I’ve kept this news on the down low for quite some time. We’re really excited about this life changing event and you can probably expect a few more baby/parenting related posts in the near future. I really…

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Willful Review | Get $15 off

Do you have a will in place? It seems like an odd question, especially for young people, but the truth is that everyone should have a will. The fact, however, is that many don’t. In fact, 56% of Canadian adults do not have a will. Why? Well, there are a few reasons. First off, I…

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Everything you Need to Know About the Canada Education Savings Grant (CESG)

Are you worried about saving for your child’s post-secondary education? Trust me, you are not alone. Raising a child in Canada is not cheap, but government Registered Education Savings Plan (RESP) grants like the Canada Education Savings Grant (CESG) can be a huge help when it comes to saving for education. Here’s what you need…

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Maternity Leave in Ontario: How it works

Maternity leave in Ontario is similar to other provinces (except Quebec) and territories since it’s administered by the federal government. What makes maternity and parental benefits in Canada appealing is that you can still earn an income for up to 18 months while staying home to take care of your child. When you’re on maternity…

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how to save for your childs education

5 Ways to Save for Your Child’s Education

**This is a sponsored post written by me on behalf of Kijiji. All opinions are my own. As soon as Scarlett was born, I took immediate steps to set up her Registered Education Savings Account (RESP). I knew that this was the best way to save for her post-secondary education since the Canadian Education Savings…

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What is a Last Will and Testament?

There is a common misconception that estate planning is only necessary for wealthy people with large homes, fancy cars and expensive art collections. I’m here to debunk that myth by explaining why every adult needs a will (no matter how much money you have) and how to get one in place today.  Who needs a…

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